104 Main St Fredericktown, MO 63645
- Commercial real estate
- 0.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 104 Main St
- Lot size
- 0.52 lot acres
- Property type
- Commercial real estate
Description
This remarkable 1890 three-story building in downtown Fredericktown, Missouri, presents a unique investment opportunity. Spanning over 16,000 square feet on a 0.52-acre lot at 104 East Main Street (zip code 63645), this property offers a blend of historical charm and modern potential. The building currently features 18 hotel rooms, ideal for a boutique hotel or short-term rentals, catering to tourists and business travelers. In addition, five storefront spaces provide excellent potential for rental income or the establishment of new businesses, benefiting from the high foot traffic of the vibrant downtown location. The property's historic character offers endless possibilities for redevelopment or restoration, allowing for the creation of a luxurious hotel, a bustling commercial center, or a combination of both. This landmark property represents a chance to own a significant piece of Fredericktown's history and capitalize on its prime downtown location. The asking price is $364,900. This is a business-only sale.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fredericktown
- County
- Madison
- State
- Missouri
- Longitude
- -90.2938
- Latitude
- 37.5602